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Nigerian lawmakers introduce bill to move government back to parliamentary system

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The House of Representatives has taken a significant stride towards the overhaul of Nigeria’s governmental structure, as a group of 60 lawmakers push for a transition from the current presidential system to a parliamentary one, reminiscent of Nigeria’s First Republic.

Led by the Parliamentary Group, the lawmakers introduced three constitution alteration bills during Wednesday’s plenary session. These bills, titled ‘Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Bill, 2024’ (HB.1115, HB.1116, and HB.1117), mark a pivotal moment in Nigerian political discourse, setting the stage for a potential shift to a parliamentary system by 2031.

Briefing journalists on the bill sponsored by the Minority Leader, Kingsley Chinda (PDP, Rivers), Abdulsamad Dasuki, the spokesperson for the Parliamentary Group, elucidated the rationale behind the proposed transition, citing concerns over the exorbitant costs associated with the presidential system and the concentration of power in the hands of the executive.

“No wonder the Nigerian President appears to be one of the most powerful Presidents in the world,” Dasuki said.

“Over the years, the imperfections of the Presidential System of Government have become glaring to all, despite several alterations to the constitution to address the shortcomings of a system that has denied the nation the opportunity to attain its full potential.

“Among these imperfections are the high cost of governance, leaving fewer resources for crucial areas like infrastructure, education, and healthcare, and consequently hindering the nation’s development progress, and the excessive powers vested in the members of the executive, who are appointees and not directly accountable to the people,” he said.

The proponents of the parliamentary system argue that its reinstatement would foster accountability, responsibility, and responsiveness in governance, thereby curbing excessive expenditure and enhancing development initiatives in critical sectors such as infrastructure, education, and healthcare.

The proposed parliamentary system bears resemblance to Nigeria’s governance structure during the First Republic, characterized by a prime minister as the head of government. In contrast to the presidential system, where the executive branch operates independently of the legislature, the parliamentary model intertwines the executive and legislative branches, promoting closer collaboration and expeditious decision-making.

Nevertheless, skepticism abounds regarding the feasibility and efficacy of this transition. Critics point to historical precedents, highlighting how the parliamentary system contributed to political polarization during the First Republic, ultimately paving the way for military intervention. The concern persists that without sufficient safeguards, a return to parliamentary governance may reignite divisions within Nigerian society.

Furthermore, the timing of the proposed legislation raises eyebrows, with some viewing it through the lens of political expediency. The proposed transition coincides with the end of President Bola Tinubu’s constitutionally mandated tenure in 2031, prompting speculation about ulterior motives driving the lawmakers’ agenda.

It is noteworthy that the proponents of this transition encompass members from both the ruling All Progressives Congress (APC) and the main opposition Peoples Democratic Party (PDP), indicating a cross-party consensus on the need for systemic reform.

As the debate surrounding Nigeria’s governance structure intensifies, it becomes imperative to weigh the potential benefits of transitioning to a parliamentary system against the inherent risks and challenges. While proponents advocate for enhanced accountability and efficiency, detractors caution against repeating past mistakes and exacerbating political divisions.

Ultimately, the efficacy of any governmental system lies not solely in its structure but in the integrity, competence, and commitment of its leaders.

Good leadership advocates said that addressing Nigeria’s leadership deficit necessitates comprehensive reforms beyond mere structural changes, focusing on institutional strengthening, anti-corruption measures, and inclusive governance practices. Only through concerted efforts to cultivate a culture of transparency, meritocracy, and civic engagement can Nigeria realize its full potential and overcome its persistent challenges in governance.

Dasuki said the group is seeking to ignite a conversation about the lack of effectiveness of the current presidential system.

“The bills presented today seek a return to the system of government adopted by our founders, which made governance accountable, responsible, and responsive, and ultimately less expensive,” he said.

Comments from our Tekedia Mini-MBA co-learners

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In the next coming weeks, we will be welcoming 7,000 final year students from many universities through multiple partnerships we’ve developed with some schools. These schools have prepared the students at the highest levels. Yet, there is something unique about Tekedia Institute: we engineer new perspectives which lead to better career advancements and business growths.

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Tekedia AI Lecture Companion powers The Great Lectures

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While in Nigeria during Christmas, I noticed that our academic programs in Tekedia Institute could be given new distribution channels to help more people. Simply, the cost of data to watch a 60-minute video is a burden in Nigeria for many. A Tekedia Mini-MBA edition has more than 150 hours of video! So, I started thinking about how to fix that friction. I decided to tap into the powers of artificial intelligence (AI) to assist.

Upon return to the United States, I set up environments to build an AI model which could understand me, beyond just a mere translation, but with “memory” to understand my business viewpoint. Good People, I souped dozens of previous videos, and after two weeks of training, the outcome is Tekedia AI.

Tekedia AI understands me. If I speak for two hours, it can understand, transcribe and summarize, with 98% accuracy, within context because after hours of videos, it knows me. Last week, after a class, I uploaded our video, injected it into Tekedia AI, and within minutes, a summary came out. We shared it with our co-learners and amazingly, after days, no one complained. So, we got it right.

Tekedia AI Lecture Companion will anchor our newly launched Tekedia WhatsApp School, enabling us to summarize video/audio sessions besides written courseware. With it, I can deliver a video-, audio-based class for hours, and send the summary to people via WhatsApp. They can always go back to the videos.  

Register for The Great Lectures from Tekedia WhatsApp School which begins April 1, and experience how tech is accelerating impactful learning.

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It’s Time, Nigerian Leaders Must Lead to Avert Catastrophe

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“It is getting to a level that traditional leaders could no longer pacify the people from revolting against government and political leaders that are supposed to find solutions to their lingering socio-economic plight…We have reached that level, people are very agitated, people are hungry, they are angry, but they still believe there are people who can talk to them, they believe in some of their Governors, some other traditional rulers and some  of their religious leaders, fortunately some of us double as traditional and religious leaders.”- Sultan of Sokoto, Muhammad Sa’ad Abubakar-led Northern Traditional Council

Nigerian leaders (economic, political, religious, etc) must wake up. Yet, I do posit that there is even “no hunger” in Nigeria at the moment. At least farmers farmed last year before the current acceleration of insecurity. Largely, no farming is going on in Benue (the food basket of the nation), Nassarawa, etc right now. By November this year, Nigeria will experience severe economic turbulence since the harvest will be so low that  food prices will hit new records, if our leaders FAIL to lead.

More so, the increase in fuel price and FX paralysis have made many farmers poorer to the extent many cannot afford farm inputs. So, we have a double whammy and many of these issues are own-goals scored by Nigeria against itself.

Our leaders should not trivialize Nigeria’s current trajectory and even protests will not change anything. I hope Mr. President can call a global press conference for two hours, and explain in his own words what he plans to do, to change the current path.  It is that moment to lead, for those who sought for the job. The 11am phone is ringing – and Nigeria waits for answers.

Top Crypto Presale BlockDAG Network Announces $2M Mega Giveaway; Pulls in Investors From Kelexo and Pushd

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Recently, the crypto community witnessed the rapid sellout of BlockDAG coin during its batch 1 presale. Investors rushed towards the presale as the project launched and sold 1 billion BDAG coins, ushering the presale to batch 2 and returning over 50% in ROI. Looking at the rising interest of the crypto community, the project announced a $2 million giveaway, giving the community a chance to reach their financial freedom.

On the other hand, the Kelexo Presale, touted as a game-changer in the crypto sphere, has had investors questioning the project’s legitimacy. At the same time, cynicism was also sensed about Pushd crypto presale’s potential to succeed.

Kelexo Presale: A Need for Reassurance

The fact that over 7000 registrants have already lined up to join stage 1 of Kelexo’s presale as of February 2024 is a testament to its alluring potential, and observers in the industry believe that the early demand could portend parabolic growth for Kelexo (KLXO) in 2024 and 2025.

Kelexo (KLXO) is building the first decentralized P2P lending marketplace where users can easily lend and avail of crypto-backed credit—without the traditional hassles of lengthy know-your-customer processes, hidden charges, and dealing with intermediaries and gatekeepers at every step of the way.

Pushd Crypto Presale: Volatility Cast Shadow

Pushd (PUSHD) is a pioneering first mover in the e-commerce and cryptocurrency space, with plans to build the world’s first fully decentralized P2P marketplace. With over 25,500 registrants to date, Pushd’s (PUSHD) presale is gaining significant traction, and its native token Pushd (PUSHD) is almost a sure bet to surge in value in the coming years.

Meanwhile, BlockDAG emerges as the ideal crypto investment option, raising $1 million in just 24 hours, showcasing investor confidence and solidifying its position as a sudden sensation in the crypto world.

BlockDAG Presale’s $2 Million Giveaway

The rush to BlockDAG presale among Kelexo and Pushd presales shows the importance of transparency and stability in the crypto market. The 1 billion sellout of BlockDAG coins in batch 1 presale ushers the project to batch 2, increasing the price by 50%.

Given the increased interest of investors during the initial batches, the developers announced a $2 million mega giveaway initiative. By the end of the giveaway, 50 lucky community members will gain massive cash prizes. To participate in the giveaway, participants should make sure that they follow the social media channels, submit their wallet address, increase their chances by completing all the quests and bring friends for extra entries.

Distinguished by its pioneering integration of the Directed Acyclic Graph structure and the Proof-of-Work consensus mechanism, BlockDAG remains steadfast in setting new benchmarks through its innovative technology and investor-centric approach. The success of its batch 1 presale solidifies BlockDAG’s position as a cryptocurrency poised for substantial growth, drawing interest from seasoned investors and newcomers alike. With anticipation building for its forthcoming mainnet launch, as it progresses into batch 2 of its presale, BlockDAG continues to garner huge attention.

Author’s Recommendation

In summary, BlockDAG is a favourable choice compared to Kelexo and Pushd in the top crypto presales. The transparency and stability offered by BlockDAG, evident in its rapid sellout and subsequent price increase, contrast with the uncertainties surrounding Kelexo and Pushd. With its $2 million giveaway initiative, BlockDAG further reinforces its appeal to investors, providing an opportunity for community members to benefit.

BlockDAG sets a precedent for reliability and innovation in the cryptocurrency market through its innovative integration of Directed Acyclic Graph technology and Proof-of-Work consensus. As it progresses into batch 2 of its presale and prepares for its mainnet launch, BlockDAG continues to attract attention and position itself as a promising investment option.

 

Join BlockDAG Presale & Become a Millionaire:

Presale: https://purchase.blockdag.network

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Discord: https://discord.gg/Q7BxghMVyu